Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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3300
Am in touch with Mel and meeting him within a few days.
He was asking about you.
Your down on the South coast is it ?
JT
AML is well and truly on my Radar - will top slice EUA again - if the chance arises and the SP is inviting..
Need to keep an eye on 3300 along with Dimi.
JT
JTMacs,
Thanks for all your updates here, and occasionally on EUA.
You should have switched all of here, and EUA, over to CINE.
I won't gloat, but have made a couple of pennies on CINE, this week.
Yesssssssss, gambling lol
Frank
Remember one of the Golden rules - no sentiment - don'r fall in love with the share.
It's a tool to make money, if it's not doing that, find another that does !!!.
IF that means occasional DT - so be it.
Last week, after much deliberation, I top sliced EUA and took uo 14000 add shares here - on Wednesday. Holdinh here was then 30K.
Friday - sold AML and moved 20K sterling back to EUA to boost my stance.
OK - missed the ride here - however made much more over on EUA !!!!
Timing - a rare occasion for me to catch it right.
Just had a feeling.
So many ways to bake a cake.
JT
Yes well lol confession time :) LOL
I sold my Cine shares (as mentioned a tiny holding so more of an experiment) was up just over 50% when I made the decision as they were dropping like a stone, then guess what lol they stopped dropping like a stone and more gently floated like a feather lol anyway I bought back at marginally cheaper and was an entire 1 share better off but now at a much higher average lol granted my holding was financially 50% bigger but a much higher average !!!
Lesson learnt, don't try to be clever lol
For the record, I am not messing with my AML lol
Anyway I was so annoyed with myself I sold off the profit from CINE and baught GGP :) so now I have 3 holdings although AML is really the only one that is serious :)
Frank I seriously wouldn’t recommend it but if you are genuinely playing around with money you can afford to lose then it is fun and when all of this is over, the bits im going to remember are my day trades. Especially having been successful at 20% of my holding I then went all in and did the whole lot and (like Dimi) ended up buying at higher price with a loss of 60,000 shares. Determined to win them back I then lost yes another 60,000. Genuinely a true story so needless to say I won’t be doing it again anytime soon but.... never say never! Ha ha
Franc, most who are general day traders close all their holdings every day.
Generally the people on here are taking a portion and trading that in an attempt to lower averages. 20% of your holdings would be a decent number if you want to give it a try.
It seems like a guessing game to me and sometimes you guess correct which gives you confidence to do more and then end up paying more to buy back the shares.
I don’t doubt it can be done effectively but you will have to dedicate time to it or it will bite you.
thanks for the replies but can i just clarify,
Sell all and buy all back at a lower price or sell whatever is in profit and the rebuy back with said profit at a lower price ?
I cant get my head around the fact that presumably if you sold all and then rebought all your average will have gone up ?
Such Honesty 3300 I like it when people talk about their mistakes it makes us all feel like we are not alone. I would take my hat off for you if I hadn’t eaten it yesterday! Ha ha
Presumably Rox, you are keeping a loo close by today.
That hat eating, can go right through you.
Tell me, was a deerstalker or perhaps a bowler?
I know, it was a fez.
Cos this share is magic!!
That’s the theory Frank and for sure it works once or twice then you end up buying them back at a HIGHER price wiping out all your previous gains. Such a buzz though when it comes off but so risky. 3300 is very quiet today.....
Day trade (and no I am not touching my AML lol)
Do you sell off all your stock holding and then buy back in at a lower price or do you just sell off the profit part that you have made and then buy back in ?
Does that make sense ?